marketplace
gb/mˈɑɹkɪtplˌeɪs/ us/mˈɑɹkɪtplˌeɪs/
A2
English
~ 3100
piac, piactér
NOUN
A2
1
Usage pattern:
[someone] visits [a marketplace] to buy [something]
The village has a lively marketplace every Saturday.
A faluban minden szombaton nyüzsgő piac van.
Amazon is one of the largest online marketplaces in the world.
Az Amazon a világ egyik legnagyobb online piactere.
Street performers entertained shoppers in the bustling marketplace.
Vendors in the marketplace sell everything from spices to handmade jewelry.
The new app serves as a marketplace for freelance designers.
Learner examples
We went to the marketplace to buy fruit.
Elmentünk a piacra gyümölcsöt venni.
The marketplace is full of people.
A piac tele van emberekkel.
I found a good book in the online marketplace.
Many shops are in the big marketplace.
Common mistake:
Learners sometimes confuse 'marketplace' with 'supermarket'. A supermarket is a specific type of store, while a marketplace can be many sellers in one place or online.
Meaning
Place for buying and selling
Collocations
online marketplace
|local marketplace
|digital marketplace
|global marketplace
|traditional marketplace
Synonyms
market (Often interchangeable, but 'marketplace' can emphasize a broader or more organized area, physical or digital.)
|
bazaar (Suggests a more traditional or cultural setting, often outdoors.)
Antonyms
noncommercial space (A place where no buying or selling takes place.)
Themes
business
|commerce
|shopping
|daily_life
|core_vocabulary
Definition
A place, real or on the internet, where people buy and sell things.
A physical or online location where people gather to buy and sell goods or services.
NOUN
B2
2
piac
B1
Usage pattern:
[something] happens in [the marketplace]
Small businesses struggle to survive in today's global marketplace.
A kisvállalkozások nehezen maradnak talpon a mai globális piacon.
Innovation is key to succeeding in the competitive marketplace.
Az innováció kulcsfontosságú a sikerhez a versenypiacon.
The company is trying to expand its presence in the Asian marketplace.
Learner examples
It is hard to win in the global marketplace.
Nehéz érvényesülni a globális piacon.
The marketplace today is very competitive.
A mai piacon nagyon nagy a verseny.
Many companies fight for customers in the marketplace.
Common mistake:
Learners may confuse this abstract meaning with the physical place meaning. In this sense, it refers to an economic system, not a location.
Meaning
Competitive economic environment
Collocations
competitive marketplace
|global marketplace
|free marketplace
Synonyms
market (Broadly the same, but 'marketplace' can add emphasis on competition and interaction.)
Antonyms
monopoly (A market situation with no competition.)
Themes
business
|economics
|finance
|core_vocabulary
Definition
All the companies and people who are buying and selling things, and how they compete with each other.
The overall system or environment in which commercial competition and trade take place.
Grammar
Dictionary form
marketplace
IPA
GB/mˈɑɹkɪtplˌeɪs/
US/mˈɑɹkɪtplˌeɪs/
Syllables & stress
mar - ket - place (3 syllables)
Stress on 1st syllable (mar)
Word forms
Noun
- Base: marketplace
- Plural: marketplaces
Word family
Forms
marketplaces
noun
Related words
marketer
noun B1
marketable
adjective
Negative and opposite forms
unmarketable
adjective
Advanced or less common
marketability
noun C1
Expressions
enter the marketplace
1/ˈɛntɚ ðə mˈɑɹkɪtplˌeɪs/
fixed phrase
Start trading commercially
To start selling goods or services in a business area where others also sell.
Examples
- The startup plans to enter the marketplace next spring.
- Many foreign brands are entering the marketplace due to high demand.
global marketplace
1/ɡlˈoʊbəl mˈɑɹkɪtplˌeɪs/
fixed phrase
Worldwide trade system
All the buying and selling that happens between countries around the world.
Examples
- Technology has connected people across the global marketplace.
- Competition in the global marketplace is intense.
in the marketplace
1/ˈɪn ðə mˈɑɹkɪtplˌeɪs/
fixed phrase
Competing in trade or commerce
Active in selling or buying goods or services, especially in competition with others.
Examples
- Several new products have appeared in the marketplace this year.
- Our company has been in the marketplace for over 20 years.